Page 23 - Indian Companies

HCLTech to hire more than 10,000 freshers from campuses for FY25

Net fresher addition in Q4 for the company stood at 3,096 freshers. For the entire FY24, HCLTech added 12,141 freshers. The company's total headcount in Q4 was 227,481

Paras Health plans to operate upwards of 2,300 beds in North India by FY25

With this, Paras Health is aiming to operate upwards of 2,300 beds in North India by the end of FY 2025

Unilever says Lifebuoy and Lux impacted by cost deflation in India

The global consumer major also saw negative price impacts on its fabric cleaning business

Food delivery major Swiggy gets one step closer to $1.25 billion IPO

The company is also looking to raise around Rs 750 crore from anchor investors ahead of its IPO, which is expected later this year

Q4 results: Weak communications show dials down Tech Mahindra revenue

Ahead of the earnings, Tech Mahindra's shares were up 0.3 per cent to close at Rs 1,190.10 on the Bombay Stock Exchange.

Nestle India, Dr Reddy's to form joint venture for nutraceutical brands

This collaboration aims to expand their complementary nutraceutical portfolios in areas like metabolic care, hospital nutrition, general wellness, women's health, and child nutrition

47% of Indian women face challenges in getting credit: Tide report

The report further claimed that the 95 per cent of women said that they are unaware of existing government financial schemes or initiatives to leverage for their business

India Inc to tap private credit to finance new projects, says PwC

Tax uncertainty is a big concern for PEs

Reliance Retail Q4FY24 results: Net profit rises 11.7% to Rs 2,698 crore

Reliance Retail's annual net profit crosses Rs 10K cr; grocery clocks highest growth, followed by fashion and lifestyle

Outward foreign direct investment by Indian companies stabilises in FY24

In terms of commitments for equity, the amounts continued a downward trajectory to $8.15 billion in FY24 from $8.62 billion in FY23 and $13.39 billion in FY22

Majority of top-100 firms making disclosures about carbon emissions: PwC

Supplementing the efforts of the Indian government to achieve a net-zero emission target by 2070, as many as 51 per cent of the top-100 companies have started making disclosures on a voluntary basis about carbon emissions, says a PwC India survey. The survey further said that about 31 per cent of the respondent companies have disclosed their net-zero targets. The government and the regulators have introduced new regulations pertaining to ESG (environmental, social and governance) for businesses. India's transition to BRSR Core positions the nation as a frontrunner in the global transition towards a more credible and transparent sustainability reporting landscape. "51 per cent of India's top 100 listed companies by market capitalisation disclosed their Scope 3 data for FY23 despite it being a voluntary disclosure in Business Responsibility and Sustainability Reporting (BRSR)," said the report, 'Navigating India's Transition to Sustainability'. This, it added, "sheds light on how Ind

HDFC Bank's Rs 1,500 crore ex-gratia a gesture of employee appreciation

The one-time ex-gratia payment is a way to motivate the young workforce, said HDFC Bank CEO

Hindustan Zinc Q4FY24 results: Net profit dips 21% to Rs 2,038 crore

On HZL's earlier proposed move to demerge its businesses into separate entities, the company's management said hinges on the government deciding to go ahead with its offer for sale

Tata Communications: Q4 disappoints, but scope for signals to improve

The acquired businesses' revenue grew 4 per cent QoQ to Rs 950 crore

HDFC Bank stock gains more than 2.5% ahead of March quarter results

Increase in FPI legroom seen as key trigger

Jio Financial Services Q4 results: Net profit jumps 6% to Rs 311 crore

Jio Financial Services shares on Friday ended 2.17% lower at Rs 370 on BSE

Motilal Oswal Financial Services shares gain over 7% on bonus proposal

The company's shares ended at Rs 2,236, up 7.4 per cent over the previous close, valuing the company at Rs 33,315 crore

Infosys Q4 results: Net profit jumps 30% to Rs 7,969 cr, revenue up 1.3%

Firm expects revenue growth of 1-3% in FY25

Avaada Energy secures Rs 4,471 crore refinancing from lender Nabfid

The structure has been rated as 'AA (Stable)' by CareEdge Ratings, it said

VerSe Innovation acquires Magzter for a foray into super premium content

Launched as Dailyhunt Premium, this subscription-based offering will provide users access to premium content from international publishers in over 60 languages